Sweta Goswami

Tamil Nadu received the highest additional borrowing at ₹38,864 crore, followed by Rajasthan and Andhra Pradesh; states together were allowed ₹1.75 lakh crore in extra borrowing over FY22-FY26.

In a separate Lok Sabha reply on Tuesday, the Ministry of Steel said India recycled 36 million tonnes of ferrous scrap for steel production in FY26.

As India prepares to expand its high-speed rail network, the parliamentary panel has called for faster localisation of components and greater use of international expertise, while seeking a study of successful high-speed rail systems globally.

Officials from the Ministry of Heavy Industries told Moneycontrol that the government is looking to take electric two-wheeler penetration to at least 10% of the overall two-wheeler market in India, indicating the scope for further growth in the segment.

Trade agreements with the UK and EU could allow global automakers to bring completely built units into India at lower tariffs, reducing the incentive to invest in local manufacturing under the government’s electric car scheme

KABIL has reported no operating revenue since three years as it remains in the exploration stage, while delays in its Argentina lithium project have pushed the expected start of commercial production by a year to December 2030, according to a parliamentary panel report.

The Overseas Mineral Exploration Promotion Guidelines mandate a bring-back obligation for minerals discovered with government support, while successful projects will have to repay the financial support received. The policy could benefit private firms such as Adani Enterprises and Tata Group and PSUs including Coal India, NMDC and ONGC Videsh.

The technical bids were opened on Thursday, a day after the August 12 deadline for submission, according to the ministry.

India's nuclear projects have faced delays of up to 16 years, with Kaiga-5 and 6 pushed back by five years and Kudankulam-3 and 4 delayed by more than four years, according to a government reply in Parliament.

The incentives cover both large-scale coal gasification projects and demonstration or small-scale plants, with the government seeking to promote downstream products and reduce import dependence